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Blackstone to buy stake in India’s Allcargo unit for $53.6 mn

    STAT Times
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    By STAT Times
    https://www.stattimes.com/blackstone-to-buy-stake-in-indias-allcargo-unit-for-536-mn-air-cargo

    Blackstone Group, a New York-based private equity firm has agreed to buy a stake in the warehousing unit of India’s Allcargo Logistics for Rs 380 crore ($53.6 million) as the US firm seeks to capture the demand in the world’s fastest-growing e-commerce market.

    Blackstone to buy stake in India’s Allcargo unit for $53.6 mn

    www.stattimes.com

    Blackstone Group, a New York-based private equity firm has agreed to buy a stake in the warehousing unit of India’s Allcargo Logistics for Rs 380 crore ($53.6 million) as the US firm seeks to capture the demand in the world’s fastest-growing...

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